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Global Business Travel Spending to Reach $1.57 Trillion in 2025 Amid Trade Policy Uncertainty and Economic Risk, According to New GBTA Forecast

ParDebbie Iannaci

GBTA’s annual Business Travel Index Outlook report reflects moderate near-term growth, regional and sector divergence, and evolving traveler expectations reshaping the next phase of business travel Global business travel spending is projected to reach a new historical high of $1.57 trillion USD in 2025. This represents a moderate year-over-year growth rate of 6.6%, as global…

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Global Business Travel and Events Prices Set to Stabilize Through 2025 and 2026, Amid Looming Economic Uncertainty

ParDebbie Iannaci

After several years of pandemic-induced volatility and recovery-driven spikes, business travel prices began showing signs of moderation last year. Now, prices are set to stabilize further over the next 18 months, according to the latest edition of the annual Global Business Travel Forecast released by CWT, the business travel and meetings specialist, and GBTA, the…

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Global Business Travel Industry Sentiment Continues to Reflect Ongoing Uncertainty and Change Amid U.S. Government Actions

ParDebbie Iannaci

New GBTA poll reveals shifts in 2025 outlook for business travel volume, spending and revenue as well as related to costs, traveler concerns and meeting decisions As U.S. government actions continue to reshape the global landscape, the business travel industry continues to navigate growing uncertainty and shifting strategies for the remainder of 2025. Optimism across…

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U.S. Firms Could Unlock $2.4 Trillion in Sales by Optimizing Business Travel, New GBTA Study Finds

ParDebbie Iannaci

New return-on-investment study shows U.S. companies could gain net operating margin of $14.60 for every $1 invested in business travel  U.S. companies are missing out on more than $2.4 trillion in potential new sales revenue because they may be underinvesting in business travel, according to a new report exploring the return on investment (ROI) of…

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UK Firms Could Miss Out on £319 Billion in Sales Without Strategic Business Travel Investment, New GBTA Study Finds 

ParDebbie Iannaci

Study shows modest increases in business travel spending deliver strong returns, with just £94 more per employee needed to reach optimal levels Companies in the United Kingdom could unlock over £319 billion in additional sales by increasing their strategic investment in business travel. Despite a steady recovery since the pandemic, current travel and expense (T&E)…

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GBTA Holds Annual Business Meeting for 2024, Announces 2025 Board Election Results

ParTara Erwin

GBTA conducted its Annual Business Meeting on July 9, 2025, featuring key highlights and achievements for 2024. Held virtually, the meeting gave an overview of the association’s audited 2024 financial performance, along with major milestones in core areas. The agenda also covered what’s ahead for GBTA constituents for the remainder of 2025, including the GBTA…

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GBTA Cites Business Travel Benefits Within U.S. Reconciliation Bill Passed Into Law

ParDebbie Iannaci

GBTA Statement On July 4, President Donald J. Trump signed into law the Reconciliation Bill, otherwise known as the “One Big Beautiful Bill Act” which is a budget reconciliation law passed by the 119th United States Congress and includes tax and spending policies. The Global Business Travel Association (GBTA) is pleased to see items it…

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Inside the Modern Hotel Program: How Corporate Travel Managers Are Redefining Sourcing and Strategy 

ParDebbie Iannaci

New research highlights how travel buyers are modernizing rate structures, embracing innovation and adapting to traveler expectations  As managed hotel programs undergo a period of rapid transformation, companies and their corporate travel managers are rethinking how they source, negotiate and manage hotel stays. Travel buyers are looking to embrace more flexible rate strategies, modernize request-for-proposal…

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GBTA Brings Industry Voices to Capitol Hill to Champion Business Travel’s Value and Future 

ParDebbie Iannaci

Over 100 GBTA members engaged U.S. lawmakers during the GBTA U.S. Legislative Summit to advocate for policies that support economic growth and global mobility Representative Rick Larsen and Senator Jerry Moran receive 2025 GBTA Navigator Awards for championing business travel in the U.S.  More than 100 members and constituents of the Global Business Travel Association (GBTA)…

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GBTA Foundation Unveils Step-by-Step Transition Pathway to Accelerate Business Travel’s Action Towards Net Zero

ParTara Erwin

New roadmap for sustainable business travel takes corporate travel programs from ‘no action’ to ‘leading practice’ The GBTA Foundation, the cause-led arm of the Global Business Travel Association (GBTA), just unveiled its Sustainable Business Travel Transition Pathway yesterday at the GBTA Sustainability Summit, which gathered over a hundred travel leaders and sustainability experts from all…